Is the SolarCity IPO Just What the Greentech Doctor Ordered?
Eric Wesoff: May 2, 2012
@solarcity
The solar industry could use a large, successful IPO right now, on the heels of BrightSource's withdrawal and Enphase's good-but-not-great IPO result. (It's still too early to tell for Enphase -- and BrightSource is still soldiering on.) Back in February, Reuters reported that San Mateo, Calif.-based solar installer and financier SolarCity was going to be filing its S-1 registration for IPO with the SEC.
The firm issued a press release on Monday saying:
SolarCity Corporation announced today that it plans to conduct a registered initial public offering of its common stock. The offering is expected to commence after the SEC completes the review process initiated by SolarCity’s confidential submission on Thursday April 26, 2012 of its draft registration statement.
The solar industry could use a large, successful IPO right now, on the heels of BrightSource's withdrawal and Enphase's good-but-not-great IPO result. (It's still too early to tell for Enphase -- and BrightSource is still soldiering on.) Back in February, Reuters reported that San Mateo, Calif.-based solar installer and financier SolarCity was going to be filing its S-1 registration for IPO with the SEC.
The firm issued a press release on Monday saying:
SolarCity Corporation announced today that it plans to conduct a registered initial public offering of its common stock. The offering is expected to commence after the SEC completes the review process initiated by SolarCity’s confidential submission on Thursday April 26, 2012 of its draft registration statement.
